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But we saved everything 🙂.
Lisa Abramowicz, journalist and co-host on Bloomberg TV/Radio, highlights recent shifts in equity markets. Last week, as traders sold tech stocks, other sectors saw buying activity, resulting in the equal-weighted S&P index outperforming the market-cap index by its largest margin since 2020.
Abramowicz recently reported that Microsoft shares posted their steepest monthly loss since 2008, falling nearly 19% in June. Earlier this year, she noted the U.S. stock market’s nine-week rally, the longest since 2023. These moves came as investors adjusted positions across sectors.